Cloudberry Annual report 2021 Financial statements 152 Acquired companies in 2022 Name of Entity Accouned as Place of business Ownership intrest Part of Group from date Segment Ramsliåna Subsiduary Norway 100% Q1 2022 Production Tinnkraft Subsiduary Norway 100% Q1 2022 Production Captiva Group 60% Q1 2022 Operations Captiva Digital Services AS Subsiduary Norway Captiva Asset Management AS Subsiduary Norway Caprtiva Financial Services AS Subsiduary Norway Enestor AS Associated Company Norway Proxima HydroTech AS Associated Company Norway Captiva Digital Services GmbH Subsiduary Captiva Digital Solutions AS Subsiduary Norway Kraftanmelding AS Subsiduary Norway Fjord Energi AS Subsiduary Norway Broentech Solutions AS Subsiduary Norway Captiva Energi AS Subsiduary Norway SPV 1903 AS Associated Company Norway Munkhyttan AB Subsiduary Sweden 100% Q1 2022 Development Entities which will be acquired in 2022 are included in secured portfolio and will be consolidated in 2022. Entities with acquisition close after 2022 is included in secured portfolio, but not included in the table. Note 29 Subsequent events Acquisitions and significant agreements Acquisition of 60% of Captiva Digital Services AS “the Captiva Group” On 7 January 2022 Cloudberry Clean Energy ASA entered a share purchase agreement for the acquisition of 60% of the shares in Captiva Digital Services AS from Captiva Capital Partner AS. Captiva Digital Services AS with subsidiaries “The Captiva Group” is a data-driven operator, manager and developer of renewable energy in the Nordics. The Group comprise of the following business areas with respective subsidiaries and associated companies: Captiva Asset Management AS with subsidiaries, delivers management services within operations and maintenance, development and construction, technical and commercial, and finance and accounting services to renewable energy projects in the Nordics. Captiva Digital Solutions AS with subsidiaries, delivers digital services to renewable energy projects with operational intelligence, visualization, compliance and reporting solutions. Captiva Energi AS with subsidiaries, delivers development projects within renewable hydro energy and owns a producing hydro power plant, Jåstad Kraft (3.2GWh) located in Ullensvang on the West coast of Norway. Captiva Energi has realised 11 hydro projects the past 5 years. The Captiva Group will represent a new segment for Cloudberry, “Operations”. The agreed enterprise value for the Captiva Group was NOK 160 million on a cash and debt free basis, taken into account normalized working capital (100% basis).
RkJQdWJsaXNoZXIy NTYyMDE=